The scary part of losing my job is not knowing what kind of income I will be getting for the next few months. Since I didn’t plan of this happening, I certainly was not ready for the fact that I would not have an income.
I believe it is important to keep a clear head because many emotions can get in the way at this time. Anger, resentment or depression may cloud any decisions I will make for my future. I also need to know where I stand financially and I can’t figure that out if I am obsessing over a loss of a job.
So today, I look at my finances to see where I am and then I can decide where I go from here. Since I need to look at the numbers realistically and assess my situation I downloaded a free budget calculator I found on the internet.
I inserted my ‘new’ monthly income, daily expenses and all my bills for the month. Since It has taken the stress out of wondering how I will live on what I will be bring in for the next few months. Seeing the big picture with is easier than just looking at numbers.
I used this software with the intention of only using it to assess my finances. But now that I see where I am at i think I will keep using using it as a tool for budgeting and calculating my net worth every quarter.
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